The sale grossly undervalued the company value at a mere $14B. However, ByteDance gets to obtain ~50% of the profit after the sale, which is way above what it 'deserves' in the new ownership structure.
The sale grossly undervalued the company value at a mere $14B. However, ByteDance gets to obtain ~50% of the profit after the sale, which is way above what it 'deserves' in the new ownership structure.
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